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“Make It Happen in the Philippines” –Ambassador Laurel Tells Business Executives

Ambassador Jose C. Laurel V delivering his remarks during the International Friendship Exchange Council (FEC) Business Forum.

At a forum organized by Embassy of the Philippines and the International Friendship Exchange Council, Ambassador Jose C. Laurel V spoke before company presidents and C-level executives to update them on developments in the Philippines and to deepen business-to-business cooperation.

The FEC Business Forum attended by chief executives of Japanese companies.

For many years now, the Philippines and Japan have enjoyed robust and stable relations across a broad range of sectors. Japan continues to be a major trading and foreign investment partner as well as the top source of development assistance for the Philippines,” Ambassador Laurel stated.

“’Make It Happen in the Philippines’ is our investment campaign, emphasizing our ‘make it work’ mindset to assist investors achieve their expansion plans. I invite our Japanese friends to take a closer look at how you can partner with the Philippines,” Ambassador Laurel added.

Commercial Counsellor Maria Bernardita A. Mathay presenting Philippine Investment Opportunities for Japanese companies.

Commercial Counsellor Maria Bernardita A. Mathay presented on the advantages of investing in the Philippines, noting the country’s highly capable, innovative, committed and cost-competitive talent, and the recent passage of the Corporate Recovery and Tax Incentives for Enterprises or CREATE Act.

CREATE brings the Philippines’ corporate tax rate closer to its ASEAN peers and enhances the country’s fiscal incentives to help attract more foreign direct investments. This, in turn, will help generate more jobs and accelerate recovery.

There is wide scope of business opportunities in manufacturing, agribusiness, infrastructure and services in the country.